The market for canned salmon was valued at US$ 3,039.67 million in 2019 and is anticipated to reach US$ 4,136.52 million by 2027, growing at a CAGR of 4.1% from 2020 to 2027. This is according to the most recent market study, "Canned Salmon Market Forecast to 2027 - COVID-19 Impact and Global Analysis -by Product Type (Sockeye Salmon, Chum salmon, Pink Salmon, and Coho Salmon) and Distribution Channel (Direct Selling, Mass Retailers, The study highlights important market drivers and well-known industry players, as well as their recent developments.

 

Consuming salmon lowers cholesterol and blood pressure, improves brain function, lowers the risk of heart disease, and lowers the occurrence of cancer, stroke, depression, Alzheimer's disease, arthritis, Crohn's disease, and asthma. The market for canned salmon is expanding due to a rising trend toward healthy eating habits that include a variety of protein meals, including more seafood. The Seafood Nutrition Partnership states that consuming 8 ounces of seafood will provide you with at least 250 mg of omega-3 fatty acids daily. For the benefit of their unborn children's health, pregnant women are also encouraged to consume at least 8 ounces of seafood each week. Worldwide, the consumption of salmon is rising at an unprecedented rate. For instance, according to the World Wildlife Fund, the global consumption of salmon has increased thrice since 1980. As the fastest-growing food production system, salmon aquaculture now accounts for 70% of the market (2.5 million metric tonnes) and contributes billions of dollars to regional economies throughout the world. Global salmon consumption has increased due to the rise in healthful and nutrient-rich dietary options and the surge in demand for fish in developing nations.

 

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Fish in cans is a significant food source. They are a good source of protein and other nutrients, like omega-3 fatty acids. Salmon that has been canned has been heated while being prepared and packed in an airtight container. A method of food preservation known as canning involves processing any food products under carefully regulated circumstances before sealing them in an airtight container. The shelf life of items can be extended by canning by one to five years. Salmon fish has long been a favourite among consumers, and demand is rising as a result of its distinctive flavour and a number of advantageous health properties.

 

Since the COVID-19 outbreak was initially discovered in Wuhan, China, in December 2019, it has rapidly spread throughout the world. Food and beverage supplies have been restricted as a result of travel restrictions, lockdowns, and business closures that have been enacted to stop the spread of infection. The producers of salmon in cans will suffer a considerable loss as a result.

 

Austevoll Seafood ASA; Bumble Bee Seafood; Golden Prize Canning Co., Ltd.; FREEDOM FOODS GROUP LIMITED; Pure Alaska Salmon Co LLC; Princes Foods; Raincoast Trading; Wild Planet Foods; Peter Pan Seafoods; and Alaska Seafood Company are among the well-established players in the global canned salmon market.

The report segments the global canned salmon market as follows:

By Product Type

  • Sockeye Salmon
  • Chum Salmon
  • Pink Salmon
  • Coho Salmon

By Distribution Channel

  • Direct Selling
  • Mass Retailers
  • Internet Retailing
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East &Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America  

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